388 Heliotrope, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 2 bed, 2 bath

388 Heliotrope, Lake Arrowhead, California 92352 home-pic-0

388 Heliotrope

Lake Arrowhead, California 92352

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,204Sq Ft
4,800Lot Size

Property Price

LIST PRICE$639,000
EST. MARKET VALUE
$558,978
14% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$558,978
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
388 Heliotrope
Subject
$639,000*
List Price
221,204$464-
A
381 Maple Drive
Sold
$507,500221,168$4350.1 mi
B
323 Mittry Lane
Sold
$489,000321,254$3900.9 mi
C
118 E Lane
Sold
$587,200321,372$4280.5 mi
D
110 Highway 173
Active Under Contract
$599,000
List Price
331,260$4750.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Although built in 1940, the property is in move-in ready condition with clear evidence of pride of ownership. It features a curated blend of preserved vintage elements—such as the original maple countertops, rough-sawn beamed ceilings, and a granite fireplace—alongside modern updates including contemporary light fixtures and updated kitchen plumbing. The flooring and paint appear well-maintained with minimal wear, and the kitchen is functional with a mix of vintage style and modern convenience.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Location & Accessibility

    Situated in the desirable Palisades area of Arrowhead Woods, the property features a rare level entry and is within walking distance to the lake trail, local dining, and boutique shops.

  • Authentic Vintage Character

    Built in 1940, the home boasts well-preserved architectural details including rough-sawn beamed ceilings, a granite wood-burning fireplace, and original maple countertops that offer timeless mountain charm.

  • Functional Bonus Space

    The inclusion of a basement workshop provides essential utility for mountain living, offering dedicated space for project work and storage for lake equipment and toys.

CONSRISKS & DEFICIENCIES

  • Age-Related Maintenance

    As a 1940s structure, the property may require ongoing maintenance or updates to its core systems (electrical, plumbing, and insulation) to meet modern efficiency standards.

  • Compact Living Footprint

    With only two bedrooms and 1,204 square feet of living space, the home may be too small for larger families or buyers seeking a more expansive, modern open-concept layout.

  • Limited Lake Visibility

    While the property mentions lake views, they are characterized as 'peak' views rather than full panoramic vistas, which may be a drawback for buyers prioritizing high-impact water views.

About 388 Heliotrope

Rich with nostalgia, this home offers vintage warmth, sunlit rooms and a generous gathering of towering cedars. A rare opportunity with level entry and room to wander — and just a short stroll to the lake trail and nearby antique shops, dining and necessities. A granite wood-burning fireplace provides warmth and charm under the rough-sawn beamed ceiling of the spacious main living area. The kitchen is a classic treasure with modern conveniences, ample space and the original maple countertop. The kitchen window, back deck and an upstairs window offer a peak of the lake which shimmers in the dusk of daylight. Large bedrooms lend themselves to the spacious and open feel as the paned windows bring in sunlight and give a nod to the well-preserved vintage charm. A spacious yard under cedars offers room to enjoy the mountain nature and a basement workshop provides room to store lake toys and to tinker on projects. A true Palisades treasure — timeless, vintage, and ready for its next chapter.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1940
Lot Size
4,800 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Lake Arrowhead Unified Schools

Lake Arrowhead Elementary School

Grades PK-5 • 1.1 mi

4/10

Charles Hoffman Elementary School

Grades K-5 • 6.0 mi

4/10

Valley Of Enchantment Elementary School

Grades K-5 • 7.4 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
10%
Baths2.03.0
41%
Square foot1,2041,971
12%
Lot Size4,8009,752
11%
Price$639.0K$677.5K
45%
Price per sq ft$531$342
88%
Built year19401977
8%
HOA$0$0
50%
Days on market108236
8%

Pricing History

Listed for Sale

Jan 30, 2026

$639,000

$649,000

-2% Price Drop

Initial Listing

Price Change

Nov 19, 2025

$649,000

Initial Listing

Sold

Aug 20, 2013

$270,000

Public Record

Sold

Nov 14, 2006

$415,000

Public Record

Sold

Sep 30, 2005

$40,000

Public Record

Sold

Sep 30, 2005

$389,000

Public Record

Sold

Aug 29, 2003

$290,000

Public Record

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